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Former Zillow execs raise $70M seed round for Tomo, which wants to simplify the mortgage process

TechCrunch

The latest startup to raise venture money with the goal of making the process “smarter and faster” is one that was founded by a pair of executives that spent years at real estate giant Zillow. according to Crunchbase), but especially for the real estate tech space (perhaps the largest ever). They were once rivals.

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Early-stage fintech startups just got a new funding source

TechCrunch

They also worked a lot on helping fintechs build partnerships with incumbent financial institutions — experience they plan to use to offer portfolio companies bespoke “Strategy Sheets” alongside term sheets. During their time at Amex, they worked on investments in companies such as Plaid, Stripe, Melio and Trulioo.

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Q3 outlook forecasts cloudy days ahead for fintech M&A

TechCrunch

Bob Ruark, principal and banking and fintech strategy leader for KPMG US, noted that pricing is difficult now given the rapid decline in valuations. For years, the real estate technology company has touted itself as using its pricing technology to provide “more accurate offers and lower costs,” said the FTC. And elsewhere.

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Polly snags $37M in Menlo-led Series B to automate workflows for mortgage lenders

TechCrunch

The latest financing brings the San Francisco-based startup’s total funding raised to $50 million. While it invested mostly on its product in 2021, it plans to put some of its new capital toward its go to market strategy while continuing to be “heads down focused on product.”

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Request for Startups: Climate Tech

Y Combinator

Problems & Ideas: Financing as a service for building electrification Contractor enablement Finding ways (at scale) to add trust as well as ensure accountability Improving the quote lifecycle to reduce time spent (and truck rolls), automate system design, and improve installed system performance. short haul aviation and shipping).

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Investing Outside The Bay Area

Haystack

More recently, this trend has shifted a bit within the Bay Area, which today’s giants like Uber, Airbnb, and Stripe being built in San Francisco proper while incumbents down south have begun scooping up premium commercial real estate in the city. Raise here, but deploy elsewhere” is not a crazy strategy in today’s times.

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Why I Quit My Job at Google to Work In Crypto

Entrepreneur's Handbook

ETH killers, BTC killers and all kinds of other projects with lofty promises and ambitious roadmaps to build better blockchains than the incumbents. To me, decentralized finance or “DeFi” is the most fascinating part of the cryptocurrency space today. identity, voting, real estate, tickets, receipts, music rights, medical records?—?there